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spliting up and house equity

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reg036
Posted by
New Member

10 Jul 08 #32059 by reg036

Topic started by reg036

Hi my Name is reg my wife and i have come to the understanding that our life together is over and we are wanting to know if we split but not divorce can we split the equity in the house or do we need a divorce to legally do this, your help would be most welcomed on this matter thankyou
reg:

D L
User is blocked

11 Jul 08 #32113 by D L

Reply from D L

Hi there

No you dont need to divorce, it is your asset and you can do whatever you choose with it.

One word of caution however, if you do decide not to divorce but split your assets, there is nothing stopping either of you deciding to divorce in the future and claiming a financial division then.

Amanda

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